I feel like even with snapcaster in standard it would still be fine. Even with them together in standard you would only see the combo once per game if you were lucky, and the rest of the mill in the format is way to slow and much of it is bad compared to how fast the environment is. If it started getting over powered Golgari would start getting really strong, really fast against them and you could easily sideboard in elixirs in any deck, or even tormods crypt if the mill deck had creatures based on your graveyard. The two cards really make a difference in a dedicated mill deck.

A super solid mill spell, and just what loves to see, being one of their specialties and all. It's terribly overpriced right now though, and could definitely use the reprint in Gatecrash—if not "Sinker"—to hopefully bring it into an affordable range for everyone.

For those of you saying this shouldn't be reprinted because of Snapcaster Mage, what are you complaining about; I thought mill was supposed to be a "weak" archetype? Might want to take that back, eh?

@Bulhakas:It's not undercosted. It's about the same strength as Lightning Bolt, except it costs two mana, each a different color. At rare, no less.

Unfortunately it didn't see a Gatecrash reprint, but Dragon's Maze may still contain this. It's said to have all ten guilds represented in a small set, so who knows. I do know that the Cipher ability in Gatecrash is about to be heavily abused by me though. Oh, hello Invisible Stalker. What's that? You have a Cackling Counterpart behind you? You don't say!Stolen Identity for even more hexproof/unblockable madness? Okay.Paranoid Delusions (which also has the same exact mana cost as Glimpsy here), to mill three per turn, guaranteed? Okay.Whispering Madness to dig deeper into your own deck whilst milling even more deviously? Super dee freaking duper!